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Power, Luck and FreedomCollected essays$
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Keith Dowding

Print publication date: 2016

Print ISBN-13: 9781526107282

Published to Manchester Scholarship Online: May 2017

DOI: 10.7228/manchester/9781526107282.001.0001

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Choice: its increase and its value

Choice: its increase and its value

(p.173) 9 Choice: its increase and its value
Power, Luck and Freedom

Keith Dowding

Manchester University Press

Much has been made in recent years of increasing the choice of the citizen-consumer.This article argues that the concept of ‘increasing choice’ is far more problematic than at first appears and has little intrinsic value in itself.Choice is only to be valued in itself in the sense that the process of choices or decision-making plays a part in our own preferences.To justify the introduction of the market process on the grounds of increasing choices is doubly wrong; first, increasing choices is not in itself valuable and, secondly, what is valuable about tha market has little to do with choice.

Keywords:   Choice, Freedom, Instrumental value, Intrinsic value, Markets, Opportunity set, Process utility

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